{
  "crd_number": 298746,
  "slug": "prattes-wealth-partners-newport-beach-ca-298746",
  "primary_business_name": "PRATTES WEALTH PARTNERS",
  "legal_name": "JASON A PRATTES FINANCIAL INC",
  "dbas": [
    "PRATTES FINANCIAL",
    "SPRIVE CAPITAL MANAGEMENT"
  ],
  "city": "Newport Beach",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-22",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-04-06",
  "carried_forward": false,
  "raum_total": 243553033.0,
  "raum_discretionary": 183417033.0,
  "raum_non_discretionary": 60136000.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 14583232.0,
      "count": 49
    },
    "pension_profit_sharing": {
      "raum": 60136000.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 143810975.0,
      "count": 42
    },
    "pooled_investment_vehicles": {
      "raum": 25022826.0,
      "count": 5
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "LA",
    "NE",
    "TX"
  ],
  "websites": [
    "https://facebook.com/sprivecapital",
    "https://instagram.com/sprivecapital",
    "https://linkedin.com/in/jason-prattes-accredited-investment-fiduciary-109204a2",
    "https://pratteswealth.com",
    "https://sprivecap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298746",
  "city_as_filed": "NEWPORT BEACH",
  "url": "https://advisorcensus.com/firm/prattes-wealth-partners-newport-beach-ca-298746",
  "display_name": "Prattes Wealth Partners",
  "summary": "Prattes Wealth Partners is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 6, 2026.",
  "citation": "AdvisorCensus. Prattes Wealth Partners (CRD 298746): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Prattes Wealth Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prattes Wealth Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees."
    },
    {
      "q": "How much does Prattes Wealth Partners charge?",
      "a": "Its Form ADV Part 2A brochure dated April 6, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states); Hourly rate: $300 an hour (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Prattes Wealth Partners located?",
      "a": "Prattes Wealth Partners' principal office is in Newport Beach, CA, according to its Form ADV."
    },
    {
      "q": "Is Prattes Wealth Partners registered with the SEC or a state?",
      "a": "Prattes Wealth Partners is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 298746."
    },
    {
      "q": "How much does Prattes Wealth Partners manage?",
      "a": "Prattes Wealth Partners reports $243,553,033 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (75% discretionary)."
    },
    {
      "q": "How have Prattes Wealth Partners' assets and staff changed since 2022?",
      "a": "In the Form ADV data for Prattes Wealth Partners: Regulatory assets under management: $126,842,478 in the October 2022 data and $243,553,033 in the October 2026 data, up 92%. Total employees: 5 in October 2022 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prattes Wealth Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49); high net worth individuals (42); pension and profit sharing plans (but not the plan participants or government pension plans) (9)."
    },
    {
      "q": "Which custodians does Prattes Wealth Partners use?",
      "a": "Prattes Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prattes Wealth Partners report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/298746"
    },
    {
      "q": "Does Prattes Wealth Partners state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 6, 2026 says: \"Prattes does not require a minimum account balance for our investment management services.\""
    },
    {
      "q": "What changed in Prattes Wealth Partners' recent Form ADV filings?",
      "a": "In the May 2026 filing data: Regulatory assets under management went from $180,293,804 to $243,553,033 (+35%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 126842478.0,
      "total_employees": 5,
      "filing_date": "2022-09-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 129823650.0,
      "total_employees": 5,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 124368663.0,
      "total_employees": 5,
      "filing_date": "2024-03-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 180293804.0,
      "total_employees": 5,
      "filing_date": "2025-04-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 243553033.0,
      "total_employees": 5,
      "filing_date": "2026-04-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Regulatory assets under management went from $180,293,804 to $243,553,033 (+35%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 6, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour (Financial Planning)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Pursuant to the terms of the Investment Management Agreement with the client, Prattes charges an annual asset-based fee equal to a maximum of 1.5% based on the client’s assets under management (“AUM”) as valued by the custodian."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Prattes does not require a minimum account balance for our investment management services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (Financial Planning)"
        ],
        "quotes": [
          "Our Financial Planning fee is $300 per hour. We charge for the development of our client’s initial financial plans."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.5,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Planning"
        }
      ]
    },
    "quotes": [
      "Pursuant to the terms of the Investment Management Agreement with the client, Prattes charges an annual asset-based fee equal to a maximum of 1.5% based on the client’s assets under management (“AUM”) as valued by the custodian.",
      "Prattes does not require a minimum account balance for our investment management services.",
      "Our Financial Planning fee is $300 per hour. We charge for the development of our client’s initial financial plans."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/prattes-wealth-partners-newport-beach-ca-298746.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 49,
      "fewer_than_5": false,
      "raum": 14583232.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 42,
      "fewer_than_5": false,
      "raum": 143810975.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 25022826.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 60136000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298746",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}